JUST IN: The CME FedWatch tool shows a 98.6% chance of a 25 basis point interest rate cut at the upcoming FOMC meeting, despite a slight rise in November's inflation to 2.7%.
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JUST IN: Avalanche Foundation has raised $250 million in a funding round led by Galaxy Digital, marking one of the largest crypto fundraising efforts since 2022.
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JUST IN: Byte Federal, a Bitcoin ATM operator, reported a data breach affecting 58,000 users, compromising sensitive personal information due to a vulnerability in third-party software.
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RECENTLY: Sonic Labs has launched a crypto card with RedotPay, allowing users to pay globally with $S tokens and stablecoins like traditional cash.
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JUST IN: Bitcoin ETF ads have appeared on China’s Alipay app, promoting investments with indirect exposure to a U.S. ETF and Coinbase, according to a report by Sina Finance.
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RECENTLY: The US Supreme Court rejected Nvidia's appeal to dismiss a class-action lawsuit claiming it understated GPU sales to crypto miners.
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ANALYSIS: Sygnum Bank predicts that Bitcoin's price will surge in 2025 due to demand shocks from institutional inflows, while altcoins may falter without supportive U.S. regulations.
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OPINION: ETF analysts Eric Balchunas and James Seyffart predict that MicroStrategy will join the Nasdaq 100 by December 23, potentially replacing Moderna, due to its significant Bitcoin investments.
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RECENTLY: A California court has ordered five IcomTech executives to pay over $5 million for a fraudulent Bitcoin trading scheme, with several facing prison sentences.
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JUST IN: Senator Sherrod Brown warned in his final committee hearing that a looser approach to cryptocurrencies could harm workers and benefit corporate elites.
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JUST IN: Google announced it will launch advanced AI agents with its Gemini 2.0 release, ushering in a new era of task automation and user interaction.
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RECENTLY: El Salvador and Argentina have signed an agreement to collaborate on cryptocurrency regulation to enhance the development of the crypto industry in Latin America.
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JUST IN: Binance has announced the delisting of trading pairs for Pepe Coin (PEPE), Decred (DCR), and Horizen (ZEN) to enhance platform efficiency, effective December 13 at 03:00 UTC.
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RECENTLY: Robert Kiyosaki has warned of an imminent financial crash, urging Baby Boomers to invest in Bitcoin, gold, and silver as a safeguard.
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RECENTLY: Xverse Wallet has announced the ability to swap Solana (SOL) for Bitcoin (BTC) through a partnership with Changelly.
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JUST IN: BlackRock recommends limiting Bitcoin allocations to 2% to balance potential rewards with risks from volatility and regulatory uncertainty.
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ANALYSIS: According to Santiment, Chainlink has exceeded $29 for the first time in 37 months, driven by significant whale accumulation while smaller holders have sold off nearly the same amount, indicating potential for long-term gains if Bitcoin remains stable.
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OPINION: Tom Dunleavy, CIO of MV Global, predicts Bitcoin will reach $250,000 and Ethereum $12,000 by 2025, citing historical economic parallels.
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OPINION: Anthony Scaramucci doubts the success of Elon Musk and Vivek Ramaswamy's proposal to cut $2 trillion from the budget, citing legislative obstacles and the complexities of government operations.
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ANALYSIS: According to CryptoQuant, whale deposits to Binance have surged to a six-month high, with over 2.66 billion XRP transferred in the past 30 days.
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JUST IN: OpenAI apologized for a global ChatGPT outage following its integration with Siri in Apple's latest software update.
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JUST IN: Australia's Federal Court has fined Kraken's operator, Bit Trade, $5 million for regulatory breaches, including failure to comply with design obligations and operating without a license.
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RECENTLY: The Kenya National Fire Brigades Association has become the first labor union in Kenya, and potentially Africa, to establish a Bitcoin reserve to enhance firefighting capacity.
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JUST IN: Lana Negrete has become Santa Monica's first pro-Bitcoin mayor, aligning with the Trump administration's support for cryptocurrency.
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OPINION: Tom Lee stated that the current White House is supportive of digital assets, leading to an expectation of Bitcoin reaching approximately $250,000 by 2025.
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JUST IN: Avalanche has announced a partnership with the New York Red Bulls to integrate blockchain technology at Sports Illustrated Stadium, revolutionizing fan experiences at live events.
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JUST IN: Bitcoin bounced back above $100,000 as U.S. inflation data met expectations, along with rebounds in XRP, Dogecoin, and Solana.
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JUST IN: The U.S. Consumer Price Index (CPI) rose to 2.7% in November, reaching a four-month high and indicating ongoing inflationary pressures.
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RECENTLY: Hyperbolic has announced it raised $12 million in Series A funding from Polychain Capital and Variant, bringing its total funding to $20 million, with plans to launch its own blockchain in 2025.
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RECENTLY: The UpOnly podcast's Twitter account was hacked, with the perpetrators claiming to have made six figures using Cobie's likeness to promote a fraudulent token.
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